insert-headers-and-footers domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6131oxygen domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6131** Have you registered for the SREC Foreclosure Academy yet? Join us May 14-16 in Dallas, TX to learn how you can “Conquer the Crash” and take advantage of the massive opportunity for real estate investors. For details and to register, visit www.srecforeclosureacademy.com. ** Stay tuned for an exciting announcement coming TOMORROW about a traffic […]
A few days ago I told you about the upcoming SREC “Foreclosure Academy” May 14 – 16 in Dallas, TX. Get the details here: www.SRECForeclosureAcademy.com. You need to be at this training event if you’re serious about your family’s financial future. Here’s why… ***The real estate market is changing fast. ***The second mortgage meltdown is […]
Stall in housing market threatens economy Fed ending program that has held mortgage rates down may also hurt From: MSNBC.com - By Alan Zibel WASHINGTON - The recovery in the housing market is at risk of collapsing. Home sales are sliding, prices are stalling and foreclosures are rising. And mortgage rates are likely to go […]
Bank of America to Start Reducing Principal on "Underwater" Mortgages By Ieva M. Augstumms, The Huffington Post CHARLOTTE, N.C. — Bank of America Corp. is giving some of its most troubled mortgage borrowers relief from the threat of foreclosure. The bank, the largest mortgage servicer in the country, said Wednesday it will forgive up to […]
Geithner: Fannie and Freddie Need To Be Changed... But We Don't Know How From The Huffington Post The Congressional panel tasked with overseeing the nation's financial system and the Treasury Secretary both agree that there's a problem with the nation's system of housing finance. Fixing it, though, may be the biggest problem of all -- […]
February 26, 2010, David Kotok, Chairman & Chief Investment Officer “Between 2010 and 2014, about $1.4 trillion in commercial real estate loans will reach the end of their terms. Nearly half are at present “underwater” – that is, the borrower owes more than the underlying property is currently worth. Commercial property values have fallen more […]
By Sean Sposito/The Star-Ledger February 17, 2010, 6:00AM ED MURRAY/THE STAR-LEDGER Goldie Sommer, a real estate attorney who has overseen more than 250 short-sale deals in the past two years, does research at her office in Fairfield. Record high unemployment has put some borrowers in jeopardy of losing their homes. They are considering refinancing, home […]
New Home Sales Plunge By SARA MURRAY Sales of new single-family homes plunged last month, underscoring the fragility in the housing market. Sales dropped 11.2% in January from a month earlier to a seasonally adjusted annual rate of 309,000, the Commerce Department said Wednesday. The decline brought sales to their lowest level since the government […]
Editor's Note: Why is everything "unexpected"??? By Bob Willis Feb. 24 (Bloomberg) -- Sales of new homes in the U.S. unexpectedly fell in January to the lowest level on record, a sign that an extension of a government tax credit may not be enough to rekindle demand. Purchases declined 11 percent to an annual pace […]
Jason Lankow on 2/12/2009 It may have seemed inevitable given the mortgage meltdown, but it is still shocking when you drive through a neighborhood that seems to be entirely filled with ‘For Sale’ signs. The cities here aren’t entirely deserted, of course, but they are examples of the cities that have been hit hard enough […]
